Lightning Network

The Lightning Network is a layer-2 scaling solution that allows for faster and cheaper transactions on the Bitcoin network. To use it, you would first need to set up a Lightning Network node or use a Lightning wallet that is connected to a node. Then, you can open a payment channel with another node, allowing you to send and receive Bitcoin instantly and with lower fees than traditional on-chain transactions. This can be useful for making frequent or small transactions without having to pay high fees or wait for confirmations on the blockchain. Some trading bots may also use Lightning Network channels to quickly move funds between exchanges or wallets.

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